Mortgage servicers, government agencies and even distressed homeowners can get better outcomes by allowing prospective buyers to bid from anywhere in foreclosure auctions. Additionally, these bid-anywhere auctions restore distressed properties back into quality affordable housing supply for the surrounding community more efficiently.
But foreclosure auctions that allow bidding from anywhere — either through online-only auctions or through in-person auctions that also permit remote bidding — were available for only about half of all foreclosure auctions nationwide in 2025. They were not available at all in 27 states and the District of Columbia, according to Auction.com, which accounts for more than 40% of all national foreclosure auctions.&...